A10 Networks Inc (ATEN)

From the record

A10 Networks Inc's filings since 2017 show 7 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2018-04-06); a warning not to rely on past financial statements (8-K item 4.02, the latest 2018-07-02); an auditor change (8-K item 4.01, 2 times, the latest 2023-06-14); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2018-08-10) (its current reports).

From the record

A10 Networks Inc's 10 filed years say what it did: revenue went from $227 million in fiscal 2016 to $291 million in fiscal 2025, up 2.8% a year; it rose in 6 of 9 years; the deepest fall was 10% from fiscal 2022 to fiscal 2023; net income was positive in 6 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, A10 Networks Inc's diluted share count shrank about 1.8% a year, and dividends and buybacks returned about 76% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales (5 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-07 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, A10 Networks Inc earned about 20 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 37 cents per dollar of everything the company owns. Leverage: it owed about 66 cents per dollar of assets, and net share issuance: its share count shrank 2.3% over the year (the filed statements).

From the record

A10 Networks Inc's standing among 15 graded names in its industry family: revenue of $291 million in fiscal 2025 ranks in the top 37% by size; a net margin of 14.5% ranks in the top 23%; revenue growth of 1.2% a year over the last 3 filed years ranks in the bottom 43% (its annual reports).

From the record

A10 Networks Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Trivedi, Dhrupad (Chief Executive Officer, as filed), filing under that title since 2019-12-04, 6.9 years (bottom 31% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 44%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

A10 Networks Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $71 million against debt of $219 million leaves -23.4% of its assets as net cash, bottom 10% of its family; cash from operations less capital spending is 22.3% of revenue (top 23%); a gross margin of 79.3% (top 10%); research spending of 23.8% of revenue (top 27%) (its annual report).

From the record

A10 Networks Inc's growth drivers, from the filed years to fiscal 2025: revenue grew 1.2% a year over the last three filed years against 2.8% over all 10, slowing (top 46% of its family); the newest year grew 11% (top 50%); research spending grew 5.8% a year (top 32%); capital spending grew 23.1% a year (top 25%) (its annual reports). A10 Networks Inc reported 2 product lines in fiscal 2025: Product at $167 million (57%), Service at $123 million (43%); 2 of 2 grew against the year before (its annual report).

From the record

A10 Networks Inc's newest year against its own record: revenue of $291 million in fiscal 2025 came in 14.9% above the $253 million its prior three years' pace pointed to (top 37% of its family); net income of $42 million against a prior three-year average of $46 million (bottom 30%); a net margin of 14.5% against 17.3% before (bottom 17%) (its annual reports).